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Food Retail Market in Saudi Arabia to grow at a CAGR of 4.9% during the period 2016-2020.

Press release   •   Jul 22, 2016 08:53 EDT

About the Food Retail Market in Saudi Arabia

Saudi Arabia is a desert country and is known as the birthplace of Islam. It is home to the religions two most sacred mosques, Masjid al-Haram in Mecca and Masjid an-Nabawi in Medina, the burial site of prophet Muhammad. It is the world's largest producer and exporter of petroleum products. It has the world's second-largest oil reserves and sixth-largest gas reserves. The country is categorized as a World Bank high-income economy with a high Human Development Index.

Technavios analysts forecast the Food Retail Market in Saudi Arabia to grow at a CAGR of 4.9% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the food retail market in Saudi Arabia for 2016-2020. To calculate the market size, the report has taken into consideration the revenue generated from the retail sales of food products in Saudi Arabia and has not included revenue generated from on-trade sales. It also includes the market size based on volume, which has been calculated based on the retail consumption of food products.

The market is divided into the following segments based on product categories:

Cereals

Dairy

Fruits and vegetables

Meat

Other foods

Download Detail Report With Complete TOC at: http://www.marketresearchreports.biz/sample/sample/741832

Technavio's report, Food Retail Market in Saudi Arabia 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Carrefour

NESTO

Othaim Markets

Panda United

Tamimi Markets

Other prominent vendors

Al Raya Supermarkets

Al Sadhan Supermarkets

Balsharaf Supermarkets

Bin Dawood Supermarkets

Farm Supermarkets

Lulu Hypermarket

Manual Hypermarket

Marhaba Supermarkets

Sarawat Supermarkets

Star Hypermarkets

Market driver

Increase in number of retail outlets

For a full, detailed list, view our report

Market challenge

Nitaqat law

For a full, detailed list, view our report

Market trend

Increasing import of food products

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?